FAIRPORT, N.Y., March 19, 2025 – QuickFi® today announced that it was selected as the winner of the “Best Overall LendTech Company” award in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today.
QuickFi enables banks and OEMs to offer transparent, fast business equipment financing using biometric authentication, driver’s license verification, facial recognition, and other advanced security and mobile technologies for a better business borrower experience. The 100% digital QuickFi embedded lending platform is cost-effective and provides a nearly instant borrower self-service experience.
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Small and medium business (SMB) borrowers can complete transparent, borrower-friendly financing for equipment in minutes, 24/7, at the point of sale. The QuickFi digital platform allows borrowers to onboard, authenticate, credit score, structure, document, and consummate loan and lease transactions quickly, with ongoing loan servicing and 24/7 customer support. QuickFi enables creditworthy businesses to obtain low, fixed-rate term equipment financing in minutes, with additional financing available through the mobile app.
“Borrowers prefer the speed, accessibility, transparency, and service. We are only beginning to unlock the potential of embedded lending by adding emerging Agent-AI capabilities,” said Bill Verhelle, founder and CEO of QuickFi. “We’re grateful to FinTech Breakthrough for recognizing QuickFi with this prestigious award in an incredibly competitive space. We’ll continue to work tirelessly to improve the SMB borrowing experience while dramatically improving efficiency for banks and global OEMs.”
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and many more.
“QuickFi enables businesses to acquire the equipment they need to grow. Business equipment financing and leasing is big business. However, equipment lenders employ a 50-year-old sales delivery model, with most loan origination and processing involving manual processes. Current technology isn’t addressing the underlying business model inefficiencies,” said Steve Johansson, Managing Director, FinTech Breakthrough. “By offering transparent, fast, and accessible solutions, QuickFi empowers small and medium business borrowers to take control of the financing process. For reducing costs, shortening equipment sale cycle times, and improving borrower satisfaction, we’re awarding QuickFi with ‘Best Overall LendTech Company.’”
QuickFi has also added several US Banks, financial institutions, and OEM partners to its expanding list of partners. In addition, QuickFi has launched several high-impact new platform features, such as QuickFi Prime, which gives business borrowers on its platform an in-depth look at their business credit health and a line of credit to use for future transactions.
QuickFi has funded over $200 million in loans in the US and Canada and has served thousands of business borrowers on its embedded lending platform.
About QuickFi
QuickFi® enables global manufacturers to gain the capabilities of a captive finance company without the cost, complexity, or risk of establishing a traditional captive. QuickFi allows banks to transition from a costly distribution model to an efficient, nearly instant embedded lending delivery model. With QuickFi, creditworthy business equipment purchasers obtain low, fixed-rate term equipment financing at the point of sale in minutes (not hours or days) with 24/7 live support.
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech, and more. For more information, visit FinTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product, or service depicted in our recognition programs and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.
